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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP)
ET 16.97+0.4%Jan 9 9:30 AM EST
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To: Maywood who wrote (3356)3/15/2000 10:05:00 PM
From: Carl Worth  Read Replies (1) of 10270
 
Just my humble opinion but at this point I would flip it for several reasons:

1) It's not the kind of IPO that is likely to do well in the long run, reminds me of VSTY, KNOT, EGRT, etc.

2) As you know since you haven't gotten any IPO's up til now, the odds are not great these days of getting another real soon in the same account so there's no guarantee you'd get another one in the next 60 days even if you didn't flip.

3) Being in jail with a profit is better than having this one end up falling below the offer price. A bird in the hand vs. two in the bush, etc. (this comment has nothing to do with bald man <g>).

Again, just my opinion.

Carl
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